Leading Leasing Finance and Investment Company Ltd. Announces Increase in Authorized Share Capital and Preferential Allotment

Leading Leasing Finance and Investment Company Ltd. has announced an increase in its authorized share capital from Rs 60,00,00,000/- to Rs 115,00,00,000/-. The company also approved the execution of a Supplementary Loan Agreement, providing for conversion of Unsecured Loan into Equity. Additionally, the company approved the issuance of up to 40,00,00,000 Equity Shares on a preferential basis to non-promoter category and 5,00,00,000 Equity Shares to allottees on a preferential issue basis. These decisions are subject to the approval of the shareholders at the ensuing Extra-Ordinary General Meeting and the relevant Stock Exchanges.